Morocco: Selected Issues
Electronic Access:
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Summary:
This Selected Issues paper for Morocco discusses possible fiscal policy anchors, specifically deficit targets, and the sustainability of the resulting fiscal paths. Morocco has made great progress toward fiscal consolidation in recent years, under the combined effect of a strong revenue performance and efforts to tackle expenditure rigidities, notably the wage bill. Morocco’s low social indicators and large infrastructure needs could justify an increase in social spending and public investment. Morocco’s fiscal performance lags that of the better-rated emerging market economies.
Series:
Country Report No. 2008/331
Subject:
Balance of payments Current account Financial services Fiscal policy Fiscal stance Foreign exchange Public debt Real exchange rates Real interest rates
Notes:
Also available online in French
English
Publication Date:
October 7, 2008
ISBN/ISSN:
9781451824827/1934-7685
Stock No:
1MAREA2008002
Pages:
33
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